02.03.2025 12:51:00

1 Small-Cap Tech Stock That Could Be a Breakout Winner in 2025

Amplitude (NASDAQ: AMPL) went public toward the tail end of the pandemic boom, and that timing has been unfortunate for the digital product optimization specialist.The company, which provides tools that help companies enhance and refine their digital products and customer-facing interfaces, has struggled with post-pandemic-related headwinds for much of its publicly traded history. Like other software companies, many of Amplitude's customers overbought its services during the pandemic and have been rightsizing their needs since then.However, the company said that this trend started to fade in the middle of last year, allowing it to get back to growth, and it did just that in the fourth quarter. Revenue rose 9% to $78.1 million, ahead of the consensus at $76.7 million, and annual recurring revenue was up 11% to $312 million, showing faster growth on an annualized basis.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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